. >> first lady michelle obama dazzles in a jason wu gown at the inaugural balls. >>> well, the daily show correspondents get a bang out of the first lady's stylish new do. i. >> i thought the speech really helped frame the president's jaebd. >> i'm assuming you are referring to your new bangs. >> you mean my b-b-b-bangs? >> i think we're slightly dust racketed by your -- >> by my b-b-bangs? >> yes. >> i don't care for this new b-b-b banged america? >> good day. i'm andrea mitchell. having a little fun there. live in washington where president obama entering his second term facing some tough economic choices. in his inaugural address, he served notice he will not accept any budget deal that damages his view of the safety net. >> the commitments we make to each other through medicare and medicaid and social security, these things do not sap our nation. they strengthen us. they do not make us a nation of takers. they free us to take the risks that make this country great. >> it's nice to say as the president did yesterday that these programs free us to take the risks that make our count